The David Lin Report, Released on 4/19/23
The latest Federal Reserve meeting minutes revealed that Fed Staff are forecasting a "mild recession" by later this year. Adrian Day, CEO of Adrian Day Asset Management discusses the Fed's next move and investment implications.
0:00 - Intro0:48 - "Mild Recession"7:00 - Consumer debt and savings11:20 - Fed policy expectations13:00 - Labor market18:30 - Stock market outlook23:30 - Best sectors in recession26:47 - Gold price forecast28:41 - Gold stocks36:14 - Other recession-proof assets
Adrian Day is the president of Adrian Day Asset Management. Mr. Day spent many years as a financial investment writer, where he gained a large following for his expertise in searching out unusual investment opportunities around the world. He has also authored two books on the subject of global investing: International Investment Opportunities: How and Where to Invest Overseas Successfully and Investing Without Borders. His latest book, widely praised by readers, is Investing in Resources: How to Profit from the Outsized Potential and Avoid the Risks (Wiley, 2010). Mr. Day is a recognized authority in both global and resource investing. He is frequently interviewed by the press, domestically and abroad. He is a popular speaker and frequently invited to lecture at financial conferences and seminars around the world. His pleasures include fine dining, reading (especially history), and the opera.
Adrian Day, economy, federal reserve, investing, recession
Adrian Day: Fed Dropped Bombshell Announcement, Reality Is Even Worse added by Herman James on 04/19/2023View all posts by Herman James ?+'